Executives in Davos Express Worries Over More Disruptive Cyberattacks

[InfoSec News <alerts () infosecnews org>]

http://dealbook.nytimes.com/2015/01/22/in-davos-executives-express-worries-over-more-disruptive-cyberattacks

By DAVID GELLES
Dealbook
The New York Times
JANUARY 22, 2015

DAVOS, Switzerland – Executives from Target and Home Depot were not 
present at the World Economic Forum, where world leaders and corporate 
titans are rubbing shoulders and debating weighty issues.

Yet the names of those two companies are being invoked several times a day 
here, held up as examples of early victims in the growing battle against 
cybercrime.

Hackers stole credit card information from 40 million Target customers in 
late 2013. Last year, Home Depot was hit with a similar breach. And those 
are just two of a growing list of embattled businesses that includes 
JPMorgan Chase, Sony and others.

Executives were broadly pessimistic on the topic, believing that although 
a number of prominent cyberattacks occurred in 2014, this year would only 
be worse.

[...]

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